Dictionary of Finance and Investment Terms: fund manager
fund manager
manager of a pool of money such as a mutual fund, pension fund, insurance fund, or bank-pooled fund. Their job is to maximize the fund's returns at the least risk possible. Each fund manager tries his or her best to realize the fund's objectives, whether it be growth, income, or some combination of the two. Different fund managers use different styles to accomplish their objectives. For example, some stock fund managers use the value style of investing, while others concentrate on growth stocks. In picking a fund, it is important to know the fund manager's style, and how long he or she has been managing the fund. This information is generally available for publicly offered mutual funds from fund company literature or fund representatives.
